$BID /USDT — Reversal in Play, Eyeing $0.12 🔄🚀
Current Price: $0.09704 (-2.29% 24H)
24H High / Low: $0.10189 / $0.09381
Volume: 34.00M BID (~$3.28M USDT)
BID is showing early signs of a short‑term reversal after defending the $0.094–$0.095 support zone. EMA(7) at $0.0976 is crossing above EMA(25) at $0.0964, while EMA(99) at $0.0981 is close overhead — a potential trigger point for momentum shift if reclaimed.
Bullish Reversal Set‑Up
- Entry Zone: $0.096 – $0.098
- Stop Loss: $0.093
- Target 1: $0.105
- Target 2: $0.115
- Target 3: $0.120 (primary reversal target)
- Bias: Long above $0.096
Key Technical Drivers
- Support Base: $0.094–$0.095 holding as a defended accumulation zone
- EMA Compression: Short‑term EMAs converging — often precedes a volatility expansion
- Volume Profile: Stable turnover with potential for spikes on breakout attempts
- Resistance Levels: $0.105, $0.115, $0.120
- Momentum Shift: A 15m or 1H close above $0.0985–$0.0990 could trigger acceleration toward $0.105+
Pro Insight
If BID can reclaim $0.099–$0.100 with volume, the probability of a push toward $0.115–$0.120 increases sharply. The $0.12 level is both a short‑term technical target and a psychological milestone — clearing it could open the door to $0.13–$0.14 in a strong market.
